Press release
The Global Wine Market is estimated to grow at a CAGR of 3.7% during the forecast period.
Global Wine Market
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According to the Wine Institute of the US, the consumption of wine has been increased over the past 4 years from 919 million gallons in 2015 to 966 million gallons in 2018. However, the consumption of wine per individual has not seen a sharp increase. In 2015, the wine consumption per individual was 2.86 gallons and in 2018 the wine consumption per individual was 2.95 gallons.
According to the World Health Organization, in 2016, wine holds 28% of share (in terms of volume) in the overall alcoholic beverage consumption across the globe. Barefoot, Concha Toro, Gallo, Changyu, Yello Tail, Sutter Home, Robert Mondavi, hardy’s, Beringer, and Great Wall among others are the major wine brands across the globe.
The prominent companies in the wine market are Constellation Brands, Treasury Wine Estates, and Accolade Wines. These market players adopt several strategies in order to stay competitive in the market. For instance, in April 2019, Bishop Cider had Launched Uncommon Wines which is a woman-powered ‘session’ wine in a can. This wine contains less than 5% of alcohol by volume, therefore, it is termed as a session beer.
A full report of Global Wine Market is available at https://www.omrglobal.com/industry-reports/wine-market
Global Wine Market-Segmentation
By Type
• Still Wine
• Sparkling Wine
• Dessert Wine
• Fortified Wine
By Distribution Channel
• Online
• Offline
Global Wine Market-Regional
• North America
o US
o Canada
• Europe
o UK
o Germany
o Spain
Company Profiles
• Accolade Wines
• Asahi Group Holdings, Ltd.
• Bronco Wine Co.
• Bundaberg Brewed Drinks Pvt. Ltd.
• Carlsberg Breweries A/S
• China Resources Snow Breweries
• Constellation Brands Inc.
• Craft Brew Alliance
• DGB (Pty) Ltd.
• Diageo PLC
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/wine-market
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
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Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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